Article Summary, Automatically Generated By AI
Summary
- BounceBit supports stablecoins from various EVM-compatible chains.
- Supported stablecoins include FDUSD on Binance Smart Chain (BEP20) and USDT on Ethereum.
- BounceBit aims to support all sound stablecoins.
- Transferred stablecoins are uniformly mapped and represented as BBUSD within BounceBit.
- Cross-chain transfer of stablecoins is handled by bridges.
Numbers and Figures
- None
Case Studies and Examples
- FDUSD on Binance Smart Chain (BEP20)
- USDT on Ethereum
Introducing BounceBit USD: A New Era in Stablecoin Technology
Seamlessly bridging stablecoins from diverse EVM-compatible chains, the BounceBit ecosystem welcomes a wide range of assets. Notably, FDUSD on Binance Smart Chain (BEP20) and USDT on Ethereum are already supported, with the ultimate goal of accommodating all reputable stablecoins.
Upon transfer, these tokens undergo a uniform mapping process, subsequently represented as BBUSD within BounceBit, thereby ensuring seamless consistency and ease of use across the platform. The cross-chain transfer of stablecoins is facilitated by bridges, ensuring a streamlined experience.